Forty-year-old insurance brokerage on what's ahead

Family-run business shares near-term plans

Forty-year-old insurance brokerage on what's ahead

Risk Management News

By Terry Gangcuangco

Willis Insurance and Risk Management (Willis IRM), which came to life in 1978, has a promising outlook.

A 30% increase in turnover within the next three years, as well as a 10% rise in workforce numbers – these are what could be in the offing for the 40-year-old insurance brokerage, which is banking on swoops down the road and is forecasting expansion.  

With offices in Belfast and Hull, the family-run business currently employs more than 100 people. It is the first broker in Northern Ireland to be awarded Chartered status.

“Recent growth has been driven by the acquisition of McCausland, Light & Rankin in Castlereagh and Hull-based Kennett Insurance Brokers last year, which enhanced our presence within England,” said managing director Richard Willis. “We will continue to seek further opportunities for growth through strategic acquisitions while seeking to increase sales and expand our already impressive client base.”

The MD cited “a great team of dedicated professionals” and an extensive pool of insurance providers across the UK and Ireland from which to ensure customers benefit from the best offerings, which include risk management, health and safety, financial services, accident investigation, wealth management, and employment law.

“Reflecting on the last 40 years, it is clear that without the dedication and application of each of our employees, several of which have been with us for over 20 years, we would not be the company we are today,” noted executive chair Robert Willis.

“Looking ahead we will continue to invest in the training and development of our staff and instil in them the principles of respect and integrity in all our dealings, with not only our valued clients, but also insurers and our partners.”


Related Stories

Keep up with the latest news and events

Join our mailing list, it’s free!